I took an 18% loss on the same stock, after two years.
Bottom-picking Canadians 1 Trend followers 0
Printable View
I think there is an old schoolboy joke about bottom picking which I wont repeat.....but I/m sure that sweet smell of maple syrup and the gentle rustling of banknotes is dominating so lets all enjoy Moosies happiness (and the Normans). Don't you just LOVE?HATE?CANNOT UNDERSTAND? (choose the most appropriate please) sharemarket?
So I bought at 2.89, 2.76 and 2.62 and still have cash so hoping for a reverse Doberman dip to cancel out the feline flip.
I got a bit lucky with ACC & Pascoes buying in at the same time as well.
BFG can stand for anything you like it to. I usually use Big Friendly G(M)oose, but there are others you can use incorporating expletives :)
My head needs to be big for all the brains (and antlers) :D
So what do you peeps reckon the Normans are up to, what is their cunning plan?
Only reasons I can see are muscle.
Muscle with suppliers,and muscle with Landlords.
WHS pay a lot less rent than Farmers,who pay less rent than Whitcoulls,who pay a lot less rent than Pascoes.
Then can use the same warehouses and distribution systems,IT,payroll etc.